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The United Nations Sendai (2015) framework aims to reduce disaster risk. We offer a careful definition and computation of the individual and property risk targets. Selecting the largest and better studied class of “natural disasters” over the period 1970-2018, we show that individual risk is...
Persistent link: https://www.econbiz.de/10012852956
insurance and stock market returns. Earthquakes showed a negative effect on the stock market returns whilst no significant …
Persistent link: https://www.econbiz.de/10012917330
This paper uses simple regression techniques to make an initial assessment of the monetary damages caused by the January 12, 2010 earthquake that struck Haiti. Damages are estimated for a disaster with both 200,000 and 250,000 total dead and missing (i.e., the range of mortality that the...
Persistent link: https://www.econbiz.de/10010247138
This paper examines the effect of the L'Aquila earthquake on the academic performance of the students of the local university. Following this traumatic event, not only are students likely to have developed an acute stress disorder, but they have also experienced a significant disruption in their...
Persistent link: https://www.econbiz.de/10010488274
Using the 1988 earthquake in Nepal as a natural experiment, we examine the long-term repercussions of a large exogenous physical shock on human capital accumulation. We exploit the quasi-random spatial and temporal nature of ground tremors to evaluate the long-term impact of earthquake on...
Persistent link: https://www.econbiz.de/10012960964
This paper examines the effect of the L'Aquila earthquake on the academic performance of the students of the local university. Following this traumatic event, not only are students likely to have developed an acute stress disorder, but they have also experienced a significant disruption in their...
Persistent link: https://www.econbiz.de/10013026865
intensity of earthquakes and storms. We find large negative effects for heavily indebted poor, least developed or landlocked …
Persistent link: https://www.econbiz.de/10012392193
This study provides new causal evidence for the impact of a large-scale natural disaster on local economic activity in Iran using nighttime light intensity. We apply the synthetic control method (SCM) and nighttime light (NTL) data from 1992 to 2020 for 31 provinces and 429 counties to study the...
Persistent link: https://www.econbiz.de/10014295084
This study provides new causal evidence for the impact of a large-scale natural disaster on local economic activity in Iran using nighttime light intensity. We apply the synthetic control method (SCM) and nighttime light (NTL) data from 1992 to 2020 for 31 provinces and 429 counties to study the...
Persistent link: https://www.econbiz.de/10014347828
Political trust is foundational to democratic legitimacy, representative governance, and the provision of effective public policy. Various shocks can influence this trust, steering countries onto positive or negative trajectories. This study examines whether natural disasters can impact general...
Persistent link: https://www.econbiz.de/10014454664